3 ms·
Not always. > Propositions 60/90 amended section 2 of Article XIIIA of the California Constitution to allow a person who is over age 55 to sell his or her prin
by Domenic_S 6y ago
Not always.
> Propositions 60/90 amended section 2 of Article XIIIA of the California Constitution to allow a person who is over age 55 to sell his or her principal place of residence and transfer its base year value to a replacement dwelling of equal or lesser value that is purchased or newly constructed within two years of the sale. These propositions are implemented by Revenue and Taxation Code section 69.5.
https://www.boe.ca.gov/proptaxes/prop60-90_55over.htm https://www.boe.ca.gov/proptaxes/prop60-90_55over.htm